Routh Properties and Commercial Retail Group was founded in 1993, with the purchase of Courtyard Shopping Center in New Braunfels, TX. Through the acquisition of retail shopping centers our company has continued to grow to more than 80 plus shopping centers, warehouse properties, and office buildings throughout Texas, Louisiana, New Mexico, Oklahoma, and Kentucky. We have recently expanded into Kentucky, Oklahoma and New Mexico. All of our properties are personally managed and maintained directly by our company, to allow for a greater focus on the long-term success of the shopping center. Our company is founded upon partnerships formed many years ago. We work together to manage target acquisition, leasing, tenant retention, and maintenance of the properties.
Our company has redeveloped several former grocery stores and WalMart buildings, reinvigorating the spaces by dividing them to comfortably hold a variety of tenants. These renovations typically include new electrical, plumbing, HVAC, and an updated storefront. This process has helped many small towns turn vacant, rundown buildings into thriving shopping centers. We desire to create win-win situations for the town, the merchants, and our company. We are personally invested in all of our projects, and work to ensure the best results for all involved.
Our company’s mission is to be the best leasing value to the tenant while maintaining a pleasant shopping experience. This combination allows us to compete favorably in smaller markets where we find the biggest reward for the investment.
We Know Commercial Retail Real Estate
Commercial Retail Group is a property management company with over 8 million square feet of commercial retail, office and industrial space under ownership and management. Our long-standing expertise in development is augmented by experienced professionals who bring their understanding of acquisitions, re-positioning, and investment management to our partners and our clients.
We are continuously improving our capabilities in sectors beyond office and industrial experience to include retail and land development. As we approach the recovery of the real estate market and as diverse expertise becomes increasingly more important in the future, our long-tenured professionals have positioned Commercial Retail Group as a stronger company.
We offer experience developing many types of projects including:
- Development services and consulting
- Economic and market analysis
- Customer knowledge and market positioning
- Construction management
- Project and enterprise financial tracking and reporting
- Acquisition identification
- Property management
- Private capital sourcing and underwriting
- Leasing and selling
- Managing change
- Asset management
Our expertise includes alliances with third-party capital partners and acquisitions whereby we deploy our own capital to acquire undervalued properties. We also specialize in distressed asset turnaround, asset management, and property management.